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will be recognized for one minute. >> mr. speaker, i rise today in strong support of the nuclear energy sector, not only do nuclear power plants provide affordable, reliable and clean energy, they also provide many quality high-paying jobs and are the backbone of many communities. my district is shome to a nuclear plant -- is home to a nuclear plant that employs near 700 people. nuclear energy is a secure energy source that plays a vital role in a responsible, all-of-the-above energy policy. mr. davis: it is the biggest provider of reliable, efficient, clean energy and it provides on-demand energy 24/7. the recent record cold temperatures in the midwest show the importance of energy diversification. many of my constituents saw steep increases in their electric bill. while pipes froze and transportation became difficult because of iced roads and bridges, nuclear power remained consistent. i worry that things could have become worse if nuclear power wasn't able to fill the gaps where needed. this is why i stand here today in support of nuclear energy and all of my constituents and the hardworkin
care reform, one of the authors of this bill, mr. waxman, the ranking member of energy and commerce, from california. the speaker pro tempore: the gentleman from california is recognized. mr. waxman: i thank the gentleman for yielding to me. the truth of the matter is no matter how many votes the republicans cast to repeal the affordable care act, and no matter how many distortions they spread about the law, there are some facts they cannot change. they cannot change the fact that because the affordable care act nobody in america can ever again be denied health insurance because they have a pre-existing condition. they cannot change the fact that a woman can never be charged more than a man for the same coverage. they cannot change the fact that a family will never again be left without coverage just because their child's hospital bills got too high. these facts are stubborn. they are inconvenient for my republican colleagues, so they ignore them and they deny them. republicans have voted or will today 50 times to try to take away the basic security and freedom guaranteed by the aff
as a lost ideal? >> we're going to be looking at energy security in the next half hour of "gmt" as the white house says a billion dollars in energy aid is coming to ukraine's way. john kerry has just arrived in kiev as well. so that was our first task, was getting him to wellness. without angie's list, i don't know if we could have found all the services we needed for our riley. from contractors and doctors to dog sitters and landscapers, you can find it all on angie's list. we found riley at the shelter, and found everything he needed at angie's list. join today at angieslist.com [ ship horn blows ] no, no, no! stop! humans. one day we're coming up with the theory of relativity, the next... not so much. but that's okay. you're covered with great ideas like optional better car replacement from liberty mutual insurance. total your car, and we give you the money to buy one a model year newer. learn about it at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? introducing starbucks via latte. instant coffee lovers now have something new to love. still running in t
some of the biggest names in the energy business are saying about the major issues facing the industry. >>> encouraging words about the u.s. economy today from ben bernanke. in his first public speech since stepping down as chairman of the federal reserve at the end of january, bernanke spoke at a financial conference in the united arab emirates, saying the outlook for the u.s. is positive compared to the rest of the industrialized world. he believes the u.s. economy will continue growing at a rate of around 3% this year. >>> president obama may be counting on that kind of growth or even more for the year ahead as he unveiled a proposed $3.9 trillion federal budget for the year 2015. fiscal year, that is. it focuses on ending tax breaks for the wealthy in order to pay for massive improvement projects for the nation's crumbling infrastructure. >> our budget is about choices. it's about our values. as a country we've got to make a decision if we're going to protect tax breaks for the we wealthiest americans or create jobs and grow our economy and expand opportunity for every american. >>
and the guy that's supplying the energy for the united states? >> host: where did you read they pay for leasing of the land and taxes? >> caller: that's just on the internet. >> host: zachary goldfarb, the oil companies and gas company to pay taxes and they do have to pay the federal government to lease these lands. >> guest: that's right. the reason the government thinks is there is its multiple. first, the government belief these are public lands in many cases and some some of the benefits of that oil and gas should spread the people in those committees and around the country and not just into the pockets of the company. secondly, there is enforcement, environmental regulations in terms of government oversight when you do natural resource billing and exploration in the united states to protect in private, natural habitats and so forth. that needs to be paid for as well. i think the funds and licensing fees go to that support. >> host: freelancer on twitter, how much debt did bush leave? i read 11.5 trillion spent in eight years and the gop act like they have nothing to do with the
impact for ukraine. peter cook tells us how the ukraine is fueling the energy debate here in the states. ukraine. the latest on president obama says russian president vladimir putin has breached international law. the present spoke to reporters earlier today on the situation in crimea. thatere is a strong belief russia's actions is violating international law. president putin seems to think -- has a different set of lawyers making a different set of interpretations. that is fooling anybody. everybody recognizes that, although russia has legitimate interests in what happens in a neighboring state, that does not give them the right to use force as a means of inserting influence. said heresident also has not spoken to president putin since the weekend. let's get the latest on the --und rumble bloomberg ground from bloomberg. what is the latest in the standoff? much a tensel very standoff. there's is an air base down in crimea. it was taken over by russian forces over the weekend. this morning, ukrainian troops -- 300 of them -- marched back to that base and said they wanted it back. soldie
the east of core ukraina lot of russian speakers there, fireworks in terms of energy prices in terms terms of energy prices in europe. >> europe depends on the infrastructure, tried to diversify a way away from russian energy, through the cast pecaspea sea. >> because the domestic supplies from these critical producers are dhoining, that really -- declining that really the pipeline supplies at a will be available for europe will be -- that will be available will be largely from russian gas. >> european leaders understand that, that's why they are calling for dialogue with, not sanctions against, russia. ali velshi, al jazeera. >> warren hogue, and from providence, rhode island, thomas nichols, professor of national security affairs. gentlemen, welcome. >> thank you. >> warren, let me start with you if i might. angela merkel suggested that the russian president is out of touch with reality tonight. is that just rhetoric or they have just lost control? >> i think what she said was he was from a different planet. i think exactly he is from a different planet. the russians view this differentl
of the leverage that president putin does have. partly, he has the energy, which flows underneath ukraine and supplies so much of europe. and more than that, he has now threatened, we are told, to no longer use the united states dollar as a currency on the world market. what if he did that? maria bartiromo from the fox business network will join us next to talk about the ramifications of such a thing. whether he could do it and what it would mean to our economy. would it, as the russians say, cripple our economy? that's next. t! [bell rings] this...is jane. her long day on set starts with shoulder pain... ...and a choice take 6 tylenol in a day which is 2 aleve for... ...all day relief. hmm. [bell ring] "roll sound!" "action!" [ chainsaw whirring ] humans -- sometimes liferips us up. sometimes we trip ourselveup. and although the mistakes may seem to just keep coming at you, so do the solutions. like multi-policy discounts from liberty mutual insurance. save up to 10% just for combining your auto and home insurance. call liberty mutual insurance at... [ thump ] to speak with an insurance
. we know the structurally the energy market is changing. the loss isn't there. what is more important is the on tohat rwe is holding the guidance and they gave. , the current net income. they said we will make one point $3 billion. that is incredibly important if you are a dividend or stockholder in this company. kitchen seek is a colloquial term for dumping everything that is bad. if the with gusto. it is making savings. and howfunction exciting my life he gets on tuesday. renewables is a part of the business. it is barely 1%. record.ibility is at a that is according to bloomberg industry. that has a significant tale. new business is making record profits and expenditure is also at a five-year low. mothballing old plans. getting ready for 2022. why do i say that? germany comes off line. >> i was going to ask you about that. is a story about the german energy market changing completely. >> if you think about the edict -- green power wants to constitute 45% of energy production. up from under 25%. with energy.ution energy prices have been coming off a month after month. down by 15%. th
that with ed royce. i think we need to take the fact that america in 2020 will be the leading world energy producer, so let's talk about that being used to be an offset to the russians because their energy is their weapon. if we're looking to make russia a pariah state, that's where the president needs to be talking. >> listen, i think there's a lot to be said for that. as you know i'm more of a clean energy guy but taking that away from russia, their monopoly in energy, is good. but republicans are missing an opportunity to look more bipartisan. >> congressman engel, i think what bothers republicans is how much the president and the administration seems to have empowered putin over the past few years. just to give you a couple of examples. russia controls the northern distribution network which is one of the main access points in afghanistan that our troops rely on to get supplies and food and water. putin controls that. putin is controlling our syria chemical weapons collection deal, which is a farce. putin is undermining our negotiations in iran. have we given him too much power? why ha
an interesting note this morning, there's energy in the ukraine that could supplant the russians as far as being a supplier to western europe. there's a lot of things going on here. we'll hear more about it. this isn't going to go away. >> david molnar, you point out we're hovering around the fifth anniversary of the beginning of this bull market from the lows of march of '09. it's getting long in the tooth. is this market just running out of steam. is this a good excuse to sell today? >> yeah, bill, i think that's exactly what we're seeing here is that the market is a little bit extended, a little bit tired after a big run here off the january lows. we needed to see something come along that would create an impetus for consolidation, even a short-term correction, and this happens to be it right now. i agree with the prior two guests that this is probably going to be a short-term correction. it's not necessarily, you know, a change in trend here, but i would point out we do have friday's employment report coming out that's going to dictate a lot about, you know, the future direction of fed polic
. it is a loan guarantee. it still needs approval by congress. it would help cover some of the energy costs in the ukraine, because they would be losing probably the energy subsidies they get from russia. they are also talking about sending technical advisors in a whole host of areas first to work with the central bank and finance ministry, also to train election monitors, there is the hope there could be an election in may in ukraine. and the hope is that the u.s. can train monitors to ensure that is a free and fair election. and they also want to send technical advisors to help ukraine identify and recover any stolen assets we have heard about president yanukovych and the oligark, spirit billions of dollars out of the country. the administration has been saying that it has a wide host of sanctions that it can consider. they would be done through presidential executive order. they have already taken some diplomatic steps. they have pulled back on preparations for the g-8 summit. they have canceled trade talks. and what they are talking about as far as further sanctions could be the freezin
. to the extent we could impose energy sanctions on russia, understandable and effect because they rely so much but i would go one more step and say by 2020 we are expected to be the world's leading producer of energy and there's talk about exporting natural gas, we need to make it clear we need to start planning for the long game and we will have natural gas with allies that reliance on russian gas to be accountable. stuart: it is all about energy, isn't it? a lot of europe is supplied with natural gas, a lot of that comes through ukraine and from russia. therefore, there is a limit to a and forbid its natural gas to get into europe. the europeans will never look at that. stuart: we have to take into account the effect this will have on their economy, doing things that will affect their allies may not be beneficial but if the president came out today, he won't but if he came out today and said we are an energy powerhouse we are committing that in ten years we have great contract with our allies that would scare the russians. vladimir putin does things with long hall and he knows is only play i
's parliament, kerry promised a billion dollar loan guarantee designed to ease the sting of energy costs. officials traveling with kerry had voiced concern that russian president vladimir putin who last week sent tens of thousands of forces may be preparing for a larger invasion of eastern ukraine. putin himself looking relaxed at a state res dnls outside moscow held a rare news conference in which he suggested any such broader invasion would be a last resort but well within russia's right because they have received approval by yanukovych. >> even if i take a decision to use armed force, it would be legitimate, in the norms of international law, and in this case, it would also correspondent to our interest in protecting the people who are closely tied to us historically, culturally, economically. >> kerry has emphasized the u.s. wants to de-escalate the crisis, responding to putin's comments. >> he really denied there were troops in crimea? >> yes, he did. >> i have spoken directly to president putin today as i can. it is not appropriate to invade a country and at the end of a barrel of
. we see an energy prices up. so we see an uptick for brent. point when these oil prices continue to uptick. it will get to a point where people will start thinking about inflation. perhaps what it could mean for growth ahead. for gold, one point three percent, we are now at $1343. a $150 gain so far. north korea, when that happens, we usually get an uptick along the south korean defense plays. naver corp, two percent down after gains last week. i will be back later on. john, back to you. j.crewican fashion has -- has friends in very hype very high places. and may have a new owner. >> that is the country trading in the japanese trading session. they may acquire j.crew for a deal valued at the $5 billion. really looking to make inroads in the u.s. unwilling to grow and expand overseas. they want to be the world's largest clothing retailer. so they are betting on scoop-neck tees and cardigans. the bigs fan is michelle obama the united states. she loves them. i love -- i wear some j.crew j.crew -- i wear some clothing. it is hard to buy it here. leonard green has been the guy behind
this is a tiny economy and russia is a third world economy for its energy sector but the point is -- bob, let me go to you. the point is europe could get involved, natural gas shutdowns could get involved and these kinds of tensions have a way of rippling through. i like this reuters announcement, i'm going to assume it's true. i like the sound of it. the stock market may not like the sound of it because it's the united states being tough and kind of in your face to putin. let's face it, bob, putin's thugs have taken over the sovereign state of crimea, ended the legislature, ended the prime minister and therefore we've got to do something about that. >> correct. forget these statistics. the ukraine is one quarter of one percent of whatever. 1997, larry, i was down on the floor of the new york stock exchange when the tide bot collapsed and nobody was saying that tie land was an important part of the economy but the ripple effects around the world were felt in other economies. it's the butterfly wings in africa that causes storms in the united states. >> it was the anchovies off the coast of peru.
, this will be a forum to show competing issues. but the republicans will offer general bills on taxes, trade, energy, regulatory curbs. pointing outl be the upbeat economic outlooks after all of these showdowns. >> we know congressional hearings on the budget begin ron wyden. what do you expect to hear on that? >> talking about leaving room for more priorities. heen is new to the panel and has his own ideas on tax policy. forum, it is a for them -- for airing out ideas. you will not see the senate democrats doing their own budget plan because they feel the agreement already put the spending caps in place. meanwhile, house republicans will have their plan pitted against their blueprints and that is the opening salvo, shall we say. >> house republicans met and talked about alternatives to the health care law and there is a bill scheduled on the house floor on the individual mandates. what about that bill and current republican strategy? they've moved away from just trying to repeal it. same effect of the bill they passed last year and they are giving relief from the overhaul and causing them to delay
the world. >>ali, shock wave to the energy prices? >> yes, oil prices, that is global, that rose 2%, $105s a barrel now and we are going to feel that at the pumps and the price natural gas in germany and uk jumped 10%. germany is an industrial power house and depends on natural gas for electricity and call coming from russia, 40% of the the natural gas coming from russia through the ukraine and that is not good news. this is not affecting u.s. natural gas. we don't want to see russia pushing europe back into a recession because we all know that hitting us all. >> what other aspects are you looking at? >> i am looking at a guy that bidding plumbing and manufacturing parts and he exports them and invests in a factory operation in crimea, and he's doing this for a while and i am going to talk to him about affecting his business so we are connected. >> thank you, ali and thank you. we have a response to the ukrainian crisis on social media. >> ukrainians are going online and expressing their feelings on what is happening in their crime. a woman is saying she wants peace, not war and take a loo
a billion dollars of energy subsidies then we can warn that his government was going up from the sanctions to impose and russia. as soon as this week so far the sanctions and diplomatic isolation appeared to be having little impact will be hearing from our reporters throughout the region often visible on the laces fuss moving to them while we still see me and putting them into the panic among the non ukrainian treat the nice in the green the emboldened by the team's presence. they seek to negotiate with the russian forces controlling and things the russian soldiers on meeting the times reported from time magazine present at the seams. eventually backed down. instead they have to await orders from moscow to how to proceed. it is judging into tin for the last time consequence teens from the press in advance of the last week. he was asked his opinion on the change of government in ukraine. later the russian speaking population that is being commissioned and under what conditions moscow and st so you can see non said the handling and unconstitutional keen in ukraine. he soon became the new com
goes up. i will stay stock specific and oil names like encan ma and new star energy. i take off a lot of risk across the board. go back to my screen and take some risk off going into this situation on friday. melissa: don't move. i want to get some more reaction from you in just a moment. >> budget i sent congress this morning lays out how we'll implement this agenda in a balanced and responsible way. it's a road map for creating jobs with good wages and expanding opportunity for all americans. melissa: so the president released his budget proposal today. his direction is clear. he wants to tighten guidelines for the rich. extend tax breaks for the poor and help students with loans and raise the minimum wage to 10 person $10 an hour. thanks for joining us. -- $10.10 an hour. >> thanks, melissa. melissa: what do you like about what you heard? >> most republicans and democrats agree the earned income tax credit actually works. i think that is positive. some of the ideas on infrastructure were way behind. we're hopelessly behind on infrastructure spending in this country. we'll have to d
in europe and it has really shrunk. potentially, they have big energy plans for europe. >> it is not proven yet. >> if it turns out that american companies are there -- >> let me ask about the united states. >> yeah. crimea, the have gas and -- but let me ask you about the united states role. you had friendly relations with george bush and you had good relations with the obama administration. i expect that you feel that the administration was not as helpful to georgia as they could have been and will not be as helpful in the ukraine because the united states has bigger fish to fry with russia. i do not think anybody can afford to neglect this. if they do, it is a major disaster. this guy is dangerous. this is going to continue. it is not limited to crimea. it allows us to have another crisis moving somewhere and everybody forgets what happened in georgia apostates. it is getting shorter and -- ter and >> to be fair, he said that he did not feel any need to escalate. >> they are using the word of escalation stop there with the occupation and europeans might escalating.is he is escalating. le
issues. this is the energy department's largest clean up anywhere in the united states. trying to take those 56 million-gallons of radioactive sludge that were in underground tanks. they are trying to turn that into solid glass. it is a massive project. how does this work? >> well the 17 self-tanks are distributed over quite a few square miles with an intricate net of pumps and pipes. when it is pumped to facility that i was previously supporting, we would then treat that waste chemically to get some of the more dangerous constituents out of it and then after we had treated it chemically we would put it into a melter with glass heat it up to high temperatures. >> the tanks that were underground were beginning to leak. they were old and the danger was some of them were fairly close to the colombia river and there is fear that somehow some of that radioactive material could get into the river. >> it is a fear based on reality. the single shell tanks which were actually decommissioned in the 40s and 50s, those tanks are known to have been leaking into the environment for years. we have co
, the reality is that russia has a lot of nuclear weapons. their economy is modest except for energy, and they're not a great power, but they have the ability to pick them off one at a time. their neighbors abroad, they can do that, they went into georgia as you'll recall. ukraine is enormously important to the world. and the idea that we would have created an environment that is hospitable is outrageous. it's not just putin, it's going to be the people's republic of china. even if it's not in cahoots with put putin. >> it seems like the president and the secretary of state keep lecturing putin, that they have a 19th century mentality, this is the 21st century. he made a speech where -- in which he says the great power conflict is a thing of the past. i want to ask you about these words the president uttered many listen to this closely. >> those countries that are large like russia or china, we have the kind of relationship with them we're not getting into conflicts of that sort at least over the last several decades, there's been a recognition that neither country benefits from that kind of g
of their energy supplies and actually we have seen a significant recession in european leadership over the last ten to 20 years. but we need to act and we need to speak up in favor of the people who are now being overtaken in crimea by vladimir putin's army, his military. and i worry and -- in conclusion i say it's time we woke up about vladimir putin. it's time that this administration got real. and it's also time for us to worry about what vladimir putin will do on eastern ukraine on the pretext that somehow disorder and demonstrations might require russian presence. and my friends, if we allow mr. putin to assert his authority over these areas because of russian-speaking people, that message is not lost on poland, where there's russian population, on romania, on latvia, estonia, lithuania and moldova, and we are on the verge possibly of seeing a move to reassert the old russian empire, which is mr. putin's lifelong ambition. madam president, i've overstayed my time. i thank my colleague from alabama and i yield the floor. the presiding officer: madam president? the presiding officer: the sen
whether to the level to buy yandex, concerned about the energy situation in germany, yeah, i mean maybe not time to pick things up. i agree with warren buffett. not hard to do, obviously, given his long-term track record. this is where you pick. you're getting a chance. he had a big sell-off friday afternoon and he kind of rallied in the last half hour. if we get those prices again at 330, count me in. count me in. >> fixing my collar here. always important that you look well in the morning when delivering and trying to opine and provide insight. >> the clothes make the man. >> of course on that note, studying up on ukraine and crimea and russia's history with it, and what khrushchev did in '54, whether he gave to them, whether thhe didn't want to dea with it. this forces money manages are to hit the history books. >> my producer, ukraine is -- actually i read the stories, warren's say, remember, 50% of the whole country is russian and the crimea is russian. so, this is kind of a -- apparently there's questions about resources and they use a lot of water in crimea. >> ukraine. >> a lot
increase in energy prices which there already seems to. it's not as though their customers in europe can stop buying energy because they're unhappy with what is happening in ukraine. i'm not sure that it hurts russia all that much. >> earlier it was looking like anti-government protesters had the upper hand. we had yanukovych on the run. we had tymoshenko released from prison. but does this show us now that progress was not necessarily a win? >> absolutely. and i think that's the real missing story here that has not been adequately covered. what is the legally elected president of ukraine, mr. yanukovych, who is now taking refuge in russia and still claims to be the legal president, some how you could have a street demonstrators including some very violent armed people drive the president out of the capitol and say, okay, we win now, you lose. you have to accept this. the russians are saying, um, no, we don't. we have cards to play here, too. we don't recognize this government or so-called government in kiev which frankly doesn't even control kiev. the people on the streets say if they a
, there could be fireworks in terms of energy prices. >> europe depends on natural gas and pipes that brings in through russia and the ukraine. europe tried to diverse vi away by investing in pipelines to the caspian see and north africa. growth in europe's demand for the natural gas eats up much of the new participation supply. >> europe is primarily pipeline gas market. because the domestic supplies from the critical producers are declining, that really the pipeline supplies that will be available for europe will be largely from russian gas. >> european leaders understand this, and are calling for dialogue with, not sanctions against russia. >> the threat of economic sanctions is taking a toll on russian's currency, hitting a record low on monday. >> the murder trial of former olympic blade runner oscar pistorius is under way. oscar pistorius is accused of the valentine's day 2013 shooting of his girlfriend model reeva steenkamp. the first witness told the court she heard a woman's blood cu curdling screams, and then gunfire. oscar pistorius said he mistook his girlfriend for a burglar. >>
the effects of reduced energy subsidies from russia. that's why ukrainians have been getting oil and gas and been able to do it cheaply. now that they want to rebuild the economy, they need to work with the imf on this. one of the things the imf is looking for them to do is raise energy prices. a lot is geared toward the energy factor. u.s. is sending technical advisors to work with the government on energy reforms and other types of financial reforms that they need to do to rebuild the economy. they also want to help the ukrainian businesses. they're talking about further assistance. they'll be sending advisors to work on anticorruption and recovering. is it enough? don't know. the ukrainians said they need $30 billion to rebuild the economy. this is a drop in the bucket. >> obviously the administration has been trying to motivate and rally members of the european union to join them in threatening at the at least sanctions and of punishments against the russian government and individuals in the russian government perhaps. i'm wondering what you've heard about the difficulties the u.s. h
that 70% are in the energy sector. what is mercury is where youth will come from since russia has an aging population with many young people choosing to live someplace else. one of the biggest threats investors fleeing the country. already, investments in russia fell by 7%. people view the administration, and this is a fairly rash strategy. and i think the risk is that we see western sanctions and that could undermine again, the willingness of companies and western investors to put money in russia. >> the big question now is what effect it will have on the region. al jazeera. we will tell you what they are doing to keep the business easy safe. >> in new orleans, it is mardi gras, and they are right in the thick of fat tuesday, lyle every year today's party plans to be huge. 1 million people set to join parades for miles across the city. ben lemons is live around those routs and police ever get used to handling this type of crowd? >> they ever kind of used to it. when people think about new orleans, they think about the french quarter, but this encapsulated the entire city, and it is a toug
on for weeks and 18 people have died. venezuela is rich in energy but poor in necessities like milk. david will help explain the sometimes complex relationship between our two countries. >> david? >> this is venezuela's largest port city. we have refineries behind us and it's areas like these that are critical to venezuela's future. the influence in the region is wielded through petroleum. we talk about protests. we talk about high stakes in region where there is much natural gas and much crude oil. this is in many ways is why what happens in venezuela is so important. oil. venezuela is the fourth largest supplier of crude oil to the united states behind canada, saudi arabia and mexico, and has the largest reverse in th resere world. but because it does not have an refineries an unlikely partnership has emerged from the united states and this south american nation. >> years ago even under hue go chavez, when he's talking about our being the devil or some of these rhetorical positions, the bottom line is that the united states is the closest largest market for venezuelan oil. >> and the u.
prices falling back a dollar 60. russia is one of the biggest energy producers especially for the rest of europe. and it's home for big tech names the stocks of yandex and kiwi are soaring. fear is off right now. risk is back on. but the situation is very fluid. and the beggar concern on wall street could very well be not russia but the jobs report for february. that's due out on friday, neil. >> and that's going to be one that's going to be closely monitored, lauren, thank you very much. >>> to washington. forget about the debt the president officially unveiling his budget calling for billions more in spending and it comes after one top democrat said we really can forget about cutting anything. >> there is absolutely no way we're going to cut spending. we're not going to cut education. you know, and we're not going to repeal the affordable care act. let that be known. it's not happening. >> all right. so, cutting spending is not happening. watching where all this is going down, michael? >> the budget blueprint has taken a lot of heat because it's seen as not making the tough choices a
and offered general goals on taxes, trade, energy, and regulatory curves. pointing outl keep the upbeat economic outlook. >> let me jump in. we know congressional hearings on the budget again next week, including one wednesday with the finance committee chairman wyden. >> talking about breathing room for more -- he is new to the tax-writing panel. he has his own ideas about tax policy. again, it is a forum for airing ideas about the broader economy. you want be seeing the summit -- their democrats be doing own budget plan. the field the december agreement .ut the spending caps in place the republicans will do their own plan, which will contrast with the administration's blueprint. house republicans met and talked about alternatives to the health care law. next week, there is a bill scheduled. what about the bill and what is the current republican strategy? >> they obviously still object to obamacare. i think they have moved away from trying to repeal it. now they are going after individual pieces. the measure coming up next week has the same effect the bill the house passed has. it draw
to grow the swedish energy giant was to double the size of this open cast mine. if all these morally right for its powerplant with the dirtiest in europe. local children call it the cloud making factory. it's one of the most polluting fossil fuels. it's supposed to be a thing of the past. germany gets nearly twenty five percent of that elektra city from solar and two brilliant goals eighty percent renewable spiked twenty fifty. the country burns more brown coal last year than in any time since the nineteen nineties the dirty downside if chancellor angela merkel's new clear phase out. more thahahan nine hundred villagers are at risk of being displaced. for some it's a feeling of history repeating itself. in this region thousands have been recycled after the second world war when the communist government's depended on brown coal to power its cities and factories. it makes me furious. just curious. but the government comes in and starts developing alternative sources of energy. now we come back to brown coal. i feel very disillusioned and we simply cannot go back until the practices of the pl
bilateral and multilateral interactions. energy cooperation talks were canceled. the obama administration has placed a hold on all aspects of bilateral interaction. host: is it enough to have sanctions to influence what is going on in ukraine? the economic situation in russia may be more marvel to economic pressures than most -- may be more vulnerable to economic pressure than most people think. other analysts are not so sure. the russian system is extremely opaque. not a lot of good data is coming out. they have the ability to manipulate that data. has taken the decision that whatever costs or pressure he is to suffer under, willing to take those costs. he still sees the benefits. what is the point of all this? putin, ukraine and crimea are personal issues. many russians believe that crimea is russian territory. the people there identify as russian and crimea should always be a part of russia. there is a nationalistic element , a domestic, political element. has aly, putin long-standing policy of projecting russian power. some will say it is an effort to reconstitute the soviet bloc. i t
significant things in that the military intervention threatens to derail energy under vegan. -- intervention. the key pipelines that go from russia into europe through ukraine. we have seen energy analysts saying that it could affect gas prices as far away as great britain. >> and not to mention supply routes as well for troops in afghanistan. how is it then that vladimir putin feels he has the upper hand, that the international community is impotent? >> i think there is very little militarily that the international community can do. when the kremlin has sent troops across the border in the past of the u.s. and its allies cried foul before. we saw this in 1979, we find thousand eight -- we saw in 2008, but no military action was taken. it is not clear they will go further than seizing crimea, but there is very little beyond diplomatic and economic isolation that the rest of the world can do at this point. it remains to be seen how the ripple effects are going to affect the economy, and also diplomatic ties with russia which we need for other reasons like iran and syria. indira joining us on
it is a brokerage business. >> what happened once we did energy and we broker oil and we hang up the phone. we went into the shipping brokerage business. what is the difference? service and brokerage. you are not taking the risk, you're helping clients achieve their goals. you hire smart oh. we do huge amounts of analytics on real estate. nobody else does. mostly people say the real estate lead 45. instead of saying find to this kind of space at $31.90. bgc/cantorlass at and you jam and every piece of real estate. how do you decide which wants to buy? the same way you should be analyzing what real estate to invest in. what should you rent? that is why we are doing spectacularly well. big bcg is.ow it is a public company. about 450 billion dollars. how is cantor these days? >> we only had a billion 500 million in capital. morganlook at what stanley has, it keeps us nice and safe on the sidelines. we are owing to do things that ouran outperform with brains. take the managers and let them use in the platform they want. is getting in that business. how are you going to get in there? >> we are smart and
is leading the charge in developing alternative energy bio fuel from one of the world's most abundant life points to algae fossil fuels like oil rapidly disappearing. finding the new energy sources is critical. that's right touch of meats more authentic eco energy is finding ways to help local and international energy suppliers and infrastructure companies go green the algae is extracted because not only reduces climbed outside and smoke stacks. it also doesn't compete with cops for farmland. algae as a biofuel could produce thirty times more oil per acre than other crops such as corn and sugarcane. it will also be non toxic juice milk salt provide context and that i don't agree quickly the dpp group and the ppt fee of up to the twentieth anniversary of the eu single market we're also looking at the future of the single market and how it can cause acute europe's economic revival by creating more jobs and strong regret. perhaps the most promising prospects is the digital single block in the sector. abbas potential to win hearts our lives and our prosperity early this year the european commi
the energy situation. thank god, the weather is going to get warmer soon. he has those levers. he has an overwhelming military capability. there are many, many things, but particularly energy. but, you know, this has been bad for the russian economy. the value of their currency has fallen, the stock market is down. there is a negative reaction to this, too, that may effect putin's economy. and could i mention one other aspect of this is putin also sees -- here's this beautiful and large and magnificent country called ukraine. suppose ukraine, finally, after failing in 2004, gets it right, democracy, gets rid of corruption, economy is improving, and it's right there on the border of russia. so i think it makes him very nervous, if there were a success in ukraine in bringing about a free and open society and economic success, which is not the case in russia, as you know, which is propped up by energy. >> charlie: should we revisit the question of georgia and nato? >> yes. i really believe that we should sponsor the inclusion of georgia into nato. every few weeks the russians move the fe
different ways. obviously rising gas prices along with energy prices on the rise in general. already trading near the highs of the year, partly on concerns about supply disruptions with russia and ukraine. higher grain prices as well or even food prices. ukraine, remember, is a major exporter of wheat and corn. if you pair that with some of the weather issues we have been having, you could see higher sticker prices for your food. then there are american companies with direct exposure to ukraine, like accounting firm pwc. we reached out to them. they came back to us. they actually had to close offices in two different locations. they said although they were briefly closed all of pwc's offices in the ukraine are now open. there are other american companies that we found with business in ukraine. cargill, abbott labs, both no comment. adm, no significant business impact but it's monitoring. baker mckenzie, the first international law firm to open its doors in ukraine in the early '90s, they told me they are keeping an eye on this situation under constant review and employees there are allowed t
economic leverage over ukraine because of the supply of energy. he has some influence in western europe, which still gets 25% of their energy from russia. so i think he's sitting there thinking that, in fact, he probably holds the better hand here for whatever negotiation is to come. >> charlie: do you believe he holds the better hand? >> frankly, based on what i'm hearing out of western europe and the reluctance of the europeans to embrace tough sanctions, i think, at least right now, i think he does. >> charlie: so if the europeans are not willing to go forward with tough sanctions, we're in a bad place. >> i think we are. >> charlie: you also have suggested some of your fellow republicans should tone down their rhetoric. >> well, this is a serious crisis that the west is facing, and, you know, when i -- i spent most of my life in the government at a time when, during immediate crises, people came together and were supportive of the president basically with the old line that politics stopped at the water's edge. i think people, right now while the president is trying to get the allies
for natural gas and energy from russia to europe. when you look at the region you can see that half of russian exports are to the european union. this is all-important. those are the major pipelines we're looking tlat. in terms of stocks you're not seeing the big dramatic impact at the opening bell that we thought. at worse you had dow futures down 160 points now down about 100. here's the conventional wisdom. russian stock market got slammed. the russian currency slammed. russian businessmen outraged, very concerned about what's going to happen to their economy. now you hear people saying that maybe, just maybe those russian markets are going to be a very powerful diplomat and temper some of the saber rattling we've been seeing, that big reaction in russian markets means perhaps the worst is behind us because why in the world would anybody try to do anything to make markets continue to be unstable there. that's the thinking right now. dow is down about 100 points. >> only two minutes in and more than 100 points. let's bring in our global economic analyst. what's your take. why this quick coll
to see you be brave ♪ but with less energy, moodiness, and a low sex drive, i had to do something. i saw my doctor. a blood test showed it was low testosterone, not age. we talked about axiron the only underarm low t treatment that can restore t levels to normal in about two weeks in most men. axiron is not for use in women or anyone younger than 18 or men with prostate or breast cancer. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these symptoms to your doctor. tell your doctor about all medical conditions and medications. serious side effects could include increased risk of prostate cancer, worsening prostate symptoms, decreased sperm count, ankle, feet or body swelling, enlarged or painful breasts, problems breathing while sleeping and blood clots in the legs. common side effects include skin redness or irritation where applied, increased red blood cell count, headache, diarrhea, vomiting, and increase
.com. >>> the power of oil and gas, russia is a big energy supplier to europe, and that has global suppliers worried. we'll talk to ali velshi about that. >>> discussions at the white house between the leaders of israel and the united states. >>> an emergency session today at the white house. john terrett is life. the russians called this meeting. what were they trying to achieve? >> this was the third meeting in four days at the united nations security council. they have been talking only about ukraine and specifically about crimea. the russians called this meeting, and they wanted to put moscow's point of view to the rest of the world to explain what they really feel of the country of ukraine and the region of crimea. the long-standing ambassador to the united nations, read a letter which he said came from viktor yanukovych who was moscow's man until a couple of weeks ago, and called for russian forces to intervene in ukraine to save the country. afterwards they came out and read threater again. >> the country is in the grip of outright terror and violence driven by the west. in this context i app
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